What you can expect when buying a Zone RV
When purchasing a Zone RV, it is important to understand the payment structure that the company has in place. This payment structure is designed to ensure that both the buyer and the seller are protected throughout the purchase process.
The payment structure for a Zone RV is broken down into four main payment milestones: the Initial Deposit, Instalment 1, Instalment 2, and the Final Payment. Here is a breakdown of each payment milestone, including the due date and percentage of the total purchase price:
Initial Deposit: The initial deposit is due within seven days of signing the contract and is 5% of the total purchase price. This payment is designed to secure your order and start the build process.
Instalment 1: The first progress payment is due when the build reaches a certain point. This payment is 40% of the total purchase price and is typically due within a few months of the initial deposit.
Instalment 2: The second instalment is due two months from the estimated practical completion date. This payment is 35% of the total purchase price and is designed to cover the final stages of the build process.
Final Payment: The final payment is due on the practical completion date, which is when the RV is ready to be picked up or delivered. This payment is 20% of the total purchase price and is the final payment for the RV.
|Payment||Due Date||Percentage %|
|Initial Deposit||Within 7 days of signing contract||5%|
|Installment 1||First progress payment||40%|
|Installment 2||2 months from estimated practical completion||35%|
|Final Payment||On practical completion date||20%|
It is important to note that these payment due dates and percentages may vary depending on the specific purchase agreement that you make with Zone RV. Additionally, the payment structure is subject to change at any time. As such, it is important to review your purchase agreement carefully and to stay in communication with the Zone RV team to ensure that you understand the payment structure and any updates that may be made.
In addition to the payment milestones mentioned above, it is essential to be aware of the cancellation policy and associated fees when purchasing a Zone RV. In the event that you decide to cancel your order after making the initial deposit, it is important to note that there is a $1000 administration fee. This fee helps cover the administration costs incurred by Zone RV during the order processing and preparation stages of your contract and account.
In conclusion, understanding the payment structure of a Zone RV is an important part of the purchase process. By knowing when each payment is due and what percentage of the total purchase price is required at each milestone.